realization of the losses, the above four persons ordered or permitted or facilitated recording of account entries of overseas trade accounts payables lower than actual liabilities. In case of GSTEL, the said

realization effect in the cryptocurrency market” Authors: Nakavachara, V., Amonthumniyom, T., Parinyavuttichai, P., Ratanabanchuen, R., Saengchote, K., & Vinaibodee, P. Provided by Nattawut Jenwittayaroje, SEC

Having joined SEC since 1999, Assistant Secretary-General Archinee Pattamasukhon holds a bachelor’s degree in Business Administration (Finance), the University of the Thai Chamber of Commerce

and General Administration Department, the Human Resources Department, and the Organizational Risk Management and Governance Development Department. Her appointment will become effective on 16 May

14,195.4 13,797.5 +2.9% 12,448.8 +10.8% [ Sales Revenue, USD $420.4 $394.0 +6.7% $364.9 +7.9% ] Cost of Sales 9,933.1 8,985.0 8,535.0 Gross margin, (%) 30.0% 34.9% 31.4% Selling&Administration 1,817.6

118.93% 1,640.08 108.45% 1,465.28 96.89% -20.76% Cost of good sold For the Year 2019 (Million Baht) + (-)2018 4 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Selling and Administration Expenses Selling

target customers for realization of the importance and improvement of the product quality and service. Management's Discussion and Analysis and operating results for the Quarter 2/2017 Page 2 / 7 Meanwhile

Bangkok, October 24, 2014 ? The SEC and the Faculty of Business Administration, National Institute of Development Administration (NIDA) co-organized the ?4th SEC Working Papers Forum,? under the

) 1,230.51 274.45 Gross Profit (Loss) 163.14 (24.34) 187.48 770.25 Sales & Administration Expenses and Financial Cost and Tax Expense (32.44) (20.02) 12.42 62.04 Net Profit (Loss) 132.25 (43.62) 175.87 403.19